Aprila Bank delivered another record-breaking quarterly pre-tax profit of NOK 17.5 million, up 25% from NOK 14.0 million in Q2 24. Total income amounted to NOK 59.4 million, equivalent to a total income growth of 16% compared to the same quarter last year.

Key figures:
-	Gross lending reached NOK 1,263 million by the end of the quarter, up 17% year-on-year
-	Cost/income was 43% in the quarter and 53% for the last twelve months
-	Loan losses amounted to 5.3% of gross lending
-	Return on equity was 21.9% in the quarter and 16.5% for the last twelve months

Looking ahead, we remain confident that the continued adaptation of new technology, combined with the scalability of Aprila’s business model, will continue to improve the bank’s underlying operating expenses and loan losses relative to total income. We expect this to contribute to a steady improvement of the bank’s return on equity over time.

The report and presentation are available on the company’s website:
https://www.aprila.no/investor-relations

The results will be presented in a webcast with CEO Kjetil S. Barli and CFO Espen Engelberg today at 10:00 CEST. The presentation will be held in English. Please register your attendance using the following link: https://www.aprila.no/content/investor-relations/register.

A recording of the presentation will be made available on https://www.aprila.no/investor-relations after the presentation.

About Aprila Bank
Aprila Bank offers accessible and convenient credit to small and medium-sized businesses. The bank commenced operations in April 2018.

For further information, please contact:

Kjetil S. Barli
CEO
+47 908 42 016
kjetil@aprila.no

Espen Engelberg
CFO
+47 954 55 405
espen@aprila.no